Saudi Aramco Raises $4 Billion in Multi-Tranche Bond Deal with Strong Investor Demand

February 4, 2026

Saudi Aramco Raises $4 Billion in Multi-Tranche Bond Deal with Strong Investor Demand

Saudi Aramco completed a $4 billion bond issuance across four tranches. Priced with attractive yields, the deal highlights solid investor confidence in the oil giant amid market shifts.

Union Govt Drops Excise Duty on Raw Tobacco; Andhra Pradesh CM Naidu Welcomes Move

February 4, 2026

Union Govt Drops Excise Duty on Raw Tobacco; Andhra Pradesh CM Naidu Welcomes Move

Union Government reduces excise duty to zero on unbranded raw tobacco from February 1, 2026. Andhra Pradesh CM N. Chandrababu Naidu hails this step as a boost for tobacco farmers and small traders in the state.

Foreign Nationals Charged in $1 Billion Medicare Fraud Scam in US

February 4, 2026

Foreign Nationals Charged in $1 Billion Medicare Fraud Scam in US

Federal prosecutors in Chicago have charged foreign nationals with massive Medicare fraud. The scheme involved over $1 billion in false claims for fake medical equipment. Authorities uncovered shell companies and stolen patient data. Three main cases involve suspects from Kazakhstan and Pakistan linked to laundring millions.

ED Achieves 94.82% Conviction Rate in Money Laundering Cases Till 2025

February 4, 2026

ED Achieves 94.82% Conviction Rate in Money Laundering Cases Till 2025

The Enforcement Directorate (ED) reported a 94.82% conviction rate in money laundering cases as of December 2025. Of 58 PMLA cases, 55 led to convictions of 123 accused. Since 2020, 43 cases saw 104 convictions. ED continues to fast-track investigations with advanced technology.

US Cuts Tariffs to 18%, Boosting Karnataka’s Exporters and MSMEs

February 4, 2026

US Cuts Tariffs to 18%, Boosting Karnataka’s Exporters and MSMEs

The US has lowered import tariffs on Indian goods to 18%, giving Karnataka's garment exporters and MSMEs a major boost. The move also benefits aerospace, auto components, electronics, and GCCs in the state.